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How about the operation of hot rolled flat steel this week

Posted:2020-11-21 15:00:06

Strip steel: the strip steel shows a strong upward trend this week. In winter, the production in North China is normalized, and the billet manufacturers are willing to raise the price; the cold wave is near, and the demand tends to shrink in the later stage, but the stock resources of strip steel are low, and the pressure of supply and demand is not great; when the market price rises to the high point in the year, the market fear of heights is aggravated, and the operation is more cautious. However, at present, the national macro policy is favorable frequently, and the black series are difficult to get down, and there is still support at the bottom. It is expected that the strip steel price will fluctuate at a high level next week.

Hot rolling steel: this week, the hot rolling steel price is firm. The macro policy guides the manufacturing industry to improve as a whole, and there is still room for operation for the terminal demand to catch up. However, with the arrival of rain and snow weather in the north, the demand may be affected to some extent, and the sustained price rise is limited. Considering comprehensively, it is expected that the hot rolling steel price will fluctuate at a high level next week.

Medium thick steel plate: this week, the price of the medium thick steel plate is stable and strong. The market price is good, but the high level is general. Most of the downstream companies are in a wait-and-see state, with slightly different mentality. Some steel mills are facing normal maintenance at the end of the year, and the pressure of later resource investment is fair. As the temperature turns cold, the demand is expected to continue to weaken, and businesses' high-level confidence is insufficient. In view of the high-level raw material end, the bottom support of the market is still strong, and it is expected that the medium thick steel plate price will fluctuate at a high level next week.